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Dec 3, 2012
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. >>> plus the latest on why fast food workers are working to unionize and maybe even strike across america. >>> and the scary story about the surge in spooks. how spies apparently are everywhere now, mandy. >> and you wouldn't even know. >>> let's load you up on some vital stats. firstly, december is historically the best performing month of the year but today the dow and s&p are down for the first time in four days. dow was up 61 points before the disappointing ism data at 10:00 a.m. this morning. it has never recovered. s&p is flirting with a three-week high even though it is slightly lower. nasdaq touched a one-month high earlier on. >>> never doubt the power of of the american consumer is what we always say here on "street signs." holiday shopping season is in full swing and that, my good people, has propelled the s&p retail next to a record high early again today, though as we speak it is slightly lower. let's get out to bob pisani. so much for december being a good month for stocks. >> well, we're just starting out but the big story i think is that no progress on the fiscal cliff. it
. >>> plus the latest on why fast food workers are working to unionize and maybe even strike across america. >>> and the scary story about the surge in spooks. how spies apparently are everywhere now, mandy. >> and you wouldn't even know. >>> let's load you up on some vital stats. firstly, december is historically the best performing month of the year but today the dow and s&p are down for the first time in four days. dow was up 61 points before the...
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Dec 6, 2012
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and all the hourly jobs there remain unionized, and, look, the union has negotiated a dramatically lower entry level wage. it's $13.50 an hour. that's $8 lower than what the previous entry level wage was. the wages do rise fairly steadily, which is nice. because $13.50 an hour is hard to make a living on. what the president of the union in louisville said to me was, we'd rather have entry level jobs at $13.50 an hour and grow this business back with ge in the u.s. than have zero jobs at $21 an hour. >> ge used to be majority, now minority owner of nbc and cnbc as well. but your article was about ge. we didn't ask you to talk about ge. i want to make that very clear. this is a story you found on your own. >> the article uses this idea that you can now make dishwashers and refrigerators and water heaters in the u.s., both smartly and in some cases cheaper than overseas. and ge was just the place i went and found this. the other thing i think that's important to say is, ge rediscovered that making its own products in its own factories was actually a kind of research lab, a kind of r & d. ev
and all the hourly jobs there remain unionized, and, look, the union has negotiated a dramatically lower entry level wage. it's $13.50 an hour. that's $8 lower than what the previous entry level wage was. the wages do rise fairly steadily, which is nice. because $13.50 an hour is hard to make a living on. what the president of the union in louisville said to me was, we'd rather have entry level jobs at $13.50 an hour and grow this business back with ge in the u.s. than have zero jobs at $21 an...
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Dec 11, 2012
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now the labor contract has been ratified by all the american airlines unions. at least that's what it's saying now and a big discussion about whether it should have done these deal long ago during the turn use lens over the problems that they've had in the past couple of months. >>> a few stocks to watch here, urban outfitters getting a pop in after hours trading. the retailer said sales are doing well in the current quarter. big move up. >> you see, this kills me that we can't figure this out. you can see that it's not -- i guess we haven't figured it out yet. it's not up at 37, it's not up at 39.5. >> it's a flaw. >> shares of limited brands also rising late yesterday. and a specialty retailer announcing its board has approved a special dividend of $3 a share to be paid ahead of possible changes in tax rates. we'll fix this, we will. and then there's -- i could ignore it, but i think it's better people at home might -- they need to know that it's above that. and then there's hertz. the shares fell after the company said its three biggest stockholders are sell
now the labor contract has been ratified by all the american airlines unions. at least that's what it's saying now and a big discussion about whether it should have done these deal long ago during the turn use lens over the problems that they've had in the past couple of months. >>> a few stocks to watch here, urban outfitters getting a pop in after hours trading. the retailer said sales are doing well in the current quarter. big move up. >> you see, this kills me that we can't...
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Dec 14, 2012
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it is ironic in a year when so many people called for a breakup the european union this summit, poland actually said we'd like to start off applications to become the 18th member of the eurozone. that will play out during the course of next year. as far as the stock markets are concerned, today is relatively flat overall. no follow through from china which i mentioned earlier. i thought it was very interesting. here you go. >> the european markets are closing now. >> some are red. some are green. if you check the data you'll see we haven't really moved at all today. china was up 4%. shanghai was up 4% overnight. normally you would expect the australian miners, global miners listed in london to bounce on that. they didn't very much today. and that is partly because it is a suspect view of what happened in china today that perhaps the state backed institutions were buying stocks to artificially boost the picture there. however, europe overall top 50 blue chips are at their highs for the year as you can see. a gain of 13.5%. i wanted to make one point. a comparison between europe and the
it is ironic in a year when so many people called for a breakup the european union this summit, poland actually said we'd like to start off applications to become the 18th member of the eurozone. that will play out during the course of next year. as far as the stock markets are concerned, today is relatively flat overall. no follow through from china which i mentioned earlier. i thought it was very interesting. here you go. >> the european markets are closing now. >> some are red....
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Dec 24, 2012
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and now sweden is asking the european union to reverse its ban on snus-- a ban imposed in 1992, before the latest studies showing its harm reduction impact. >> thank you. >> back in indiana, r.j. reynolds is test marketing its latest generation of smokeless products, camel dissolvables-- tobacco in the shape of little brown tablets called orbs or strips or sticks that literally melt in your mouth. they pack a punch of nicotine equal to as much as two cigarettes. karla sneegas thinks r.j. reynolds is making dissolvables specifically for teenagers-- a charge the company denies. you pulled together a group of high school students to discuss orbs. what did they tell you? >> one, it looks like candy. and who is candy made for? who's attracted to candy? we are, kids. >> the students noted that camel orbs look a lot like the candy tic tacs, even have the same minty taste, and can be used to circumvent tobacco bans in schools. its frustrating, says sneegas, since smoking bans have been successful in getting people to give up cigarettes. >> more smokers do quit. they cut back drastically. >> th
and now sweden is asking the european union to reverse its ban on snus-- a ban imposed in 1992, before the latest studies showing its harm reduction impact. >> thank you. >> back in indiana, r.j. reynolds is test marketing its latest generation of smokeless products, camel dissolvables-- tobacco in the shape of little brown tablets called orbs or strips or sticks that literally melt in your mouth. they pack a punch of nicotine equal to as much as two cigarettes. karla sneegas thinks...
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Dec 13, 2012
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the unions favor a merger with us airways that would turn management over to that airline's executives. we talked a lot about that. the u.s. home reowe potions rose to a nine-month high in november. that's according to a new figure from realty track even as the number of homes entering foreclosure process are at a six-year low. >> it did not escape all of our viewers that we were going to dance on break and then we came back with a bunch of deliverance music. that was for -- the dueling guest hosts. we already headed for dueling guest hosts. it was preproduced. and then we happened to serendipitously say we were going to do the tango on break. >> i was pushing for the fox trot. >> why can't apart? anyway "the wall street journal" says that barclays plans to eliminate as many as 2,000 jobs in its investment bank as part of the restructuring plan. the cuts are exexpected to be announced last year. barclays would be the latest to make such a deal. and we're going to go to what we asked for. >> we talked about -- >> now we have the chance to talk to many big deems at the conference yesterd
the unions favor a merger with us airways that would turn management over to that airline's executives. we talked a lot about that. the u.s. home reowe potions rose to a nine-month high in november. that's according to a new figure from realty track even as the number of homes entering foreclosure process are at a six-year low. >> it did not escape all of our viewers that we were going to dance on break and then we came back with a bunch of deliverance music. that was for -- the dueling...
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someone here says unions are toxic for both workers and companies. we'll tell you all about it. stay with us. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they jimmy? happier than antelope with night-vision goggles. nice! get happy. get geico. fifteen minutes could save you fifteen percent or more. [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ look this isn't my first christmas. these deals all seem great at the t
someone here says unions are toxic for both workers and companies. we'll tell you all about it. stay with us. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how...
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Dec 13, 2012
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a number of trades also on western union, at&t and kroger also canceled below certain levels. but trades on ibm, lucadia, hess and salesforce.com will stand. back to you. >> all right, bertha, thanks for getting down to the bottom of that. got a lot of e-mails this morning about these trades. our thanks, of course, to joe. who joins us here on set from deutsche bank. >>> speaker 69 house john boehner set . >>> speaker of the house john boehner set to take the podium after this break. >>> meantime, take a look at this ipo. it just opened for trade. it is higher now by 18%, priced at 8 which is much lower than its expected range but trading right now at $9.50. >> it was the expected rate, as we said, more on solar city and more from john boehner after the break. by not breaking down. consider the silverado 1500 -- still the most dependable, longest-lasting full-size pickups on the road. and now we've also been recognized for lowest total cost of ownership -- based on important things, like depreciation, fuel, and maintenance costs. and now trade up to get a 2012 chevy silverado
a number of trades also on western union, at&t and kroger also canceled below certain levels. but trades on ibm, lucadia, hess and salesforce.com will stand. back to you. >> all right, bertha, thanks for getting down to the bottom of that. got a lot of e-mails this morning about these trades. our thanks, of course, to joe. who joins us here on set from deutsche bank. >>> speaker 69 house john boehner set . >>> speaker of the house john boehner set to take the podium...
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Dec 14, 2012
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and unions have some pretty good lobbyists, too, don't they? >> yeah, they got tons of them. and we all get to have voice. we are in a democracy. but, i would also say, and i would also say to andrew's question, that you know, we're in the thick of this whole fiscal cliff discussion. i mean, because it does impact every company. it is as important as any single program or advocacy that boeing has. far more important. >> so you would urge both sides to do simpson-bowles, then? would you urge that because the fiscal cliff, we get over that. if we just delayed things or did some patchwork so that we get through that period, everything else is still just the way it was before that. >> we're not advocating for a specific solution. we're advocating for a fiscally responsible solution that recognizes the political reality that revenues are going to be part of it. but costs need to be a multiple of that. and it's -- it is something we've got to get done and whether the shape is simpson-bowles, whether the shape is something else, there has to be a fiscally responsible element to it.
and unions have some pretty good lobbyists, too, don't they? >> yeah, they got tons of them. and we all get to have voice. we are in a democracy. but, i would also say, and i would also say to andrew's question, that you know, we're in the thick of this whole fiscal cliff discussion. i mean, because it does impact every company. it is as important as any single program or advocacy that boeing has. far more important. >> so you would urge both sides to do simpson-bowles, then? would...
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Dec 3, 2012
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north korea says it's found a union core. the state run news agency says that kim jong-il shot is 11 holes in one in a single game of golf says the dwelling was once inhabited by the mythical creatures. the global community says it's just a dog and pony show. north koreans maintain they're not -- >> i used to have that trapper keeper in junior high, the purple one. full disclosure. >> you just admitted that to a lot of people. >> they also said he was the sexiest man in the world. so maybe unicorns do exist. >>> next, how do you know when it's time to let a losing stock go? our traders tell us if you should trade in the towel on two popular stocks when we come back. ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid
north korea says it's found a union core. the state run news agency says that kim jong-il shot is 11 holes in one in a single game of golf says the dwelling was once inhabited by the mythical creatures. the global community says it's just a dog and pony show. north koreans maintain they're not -- >> i used to have that trapper keeper in junior high, the purple one. full disclosure. >> you just admitted that to a lot of people. >> they also said he was the sexiest man in the...
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Dec 28, 2012
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i have to do a lot of negotiations with my unions. they just need to get back together and work this out. the crux of the matter is on royalty payments that were put in decades ago to soften the blow of moving to automated containerized ar ccargo. it's certainly time to move forward to a new agreement. you can't just cling to the past forever, but both sides are going to have to give and move this forward. this is bad for the u.s. economy. and it will have ripple effects around the world. >> mayor parker, thank you for your time. >> we're down 83 on the dow. let's get a market flash back at hq. brian? >> simon, some pending home sales came in high. in fact, the highest level in two and a half years. but look at that board, four out of the five home builders i'm showing you are actually down right now. this could be an interesting indication that the market has already predicted or priced in some of these gains in pending home sales, right? the number is not moving these stocks. many of these names, guys, as you know, have doubled or e
i have to do a lot of negotiations with my unions. they just need to get back together and work this out. the crux of the matter is on royalty payments that were put in decades ago to soften the blow of moving to automated containerized ar ccargo. it's certainly time to move forward to a new agreement. you can't just cling to the past forever, but both sides are going to have to give and move this forward. this is bad for the u.s. economy. and it will have ripple effects around the world....
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Dec 10, 2012
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or pay union dues. joining us now from lansing is andy potter, vice president of michigan's corrections organization. thanks for joining us. although you're a republican, you're not up in favor of what is happening in your state. why? >> i am not in favor of it. i think it's a way to weaken the unions. weaken the representation that the workers are going to receive and it's a way to do certain things where we won't be able to hold anyone accountable in the state for what happens. >> now, you say you are a republican. republicans typically are anti labor, antilabor unions for a number reasons. unions bring out the vote for their democratic opponents. how do you marry the fact that you are republican, yet pro union? >> well, i'm pro labor and i am a republican. i voted for republicans my whole life. we look at the candidates that best represent the labor issues and we support them. we support different candidates. doesn't always have to be a democrat that we support. we support republicans as well. >> thi
or pay union dues. joining us now from lansing is andy potter, vice president of michigan's corrections organization. thanks for joining us. although you're a republican, you're not up in favor of what is happening in your state. why? >> i am not in favor of it. i think it's a way to weaken the unions. weaken the representation that the workers are going to receive and it's a way to do certain things where we won't be able to hold anyone accountable in the state for what happens. >>...
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Dec 10, 2012
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opponents say it will lower wages and benefits and hurt the middle class and that strong unions built michigan's middle class. >> so fedex is bracing for the busiest day ever. ever. the company is expecting to handle 19 million packages today. that's 200 packs per second. the internet sales are booming and that is increasing volume by 10% over last year. >> i just ordered a ton last night. >> you're single-handedly responsible -- >> i'll be part of that. get it on time. that's all i say. the daring rescue of an american held in afghanistan comes at a very steep price. we're going to go live to the pentagon for more on the top secret mission. that's coming up. ♪ ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning.
opponents say it will lower wages and benefits and hurt the middle class and that strong unions built michigan's middle class. >> so fedex is bracing for the busiest day ever. ever. the company is expecting to handle 19 million packages today. that's 200 packs per second. the internet sales are booming and that is increasing volume by 10% over last year. >> i just ordered a ton last night. >> you're single-handedly responsible -- >> i'll be part of that. get it on time....
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join the union or pay dues to the union. money is at the core of power in these unions. that is very, very significant. protesters here are filling the halls of the capitol yesterday trying to rush through the doors. eight arrests made. mace sprayed by police. it got very rowdy here at the capitol. i want i want you to listen to one protester. >> it terrifies me that they're trying to pass this through so quickly with no discussion from the other side. no understanding of what's important no discussion about the finer points, all the things this will effect. democracy is way too important to let it slide through like this. >> reporter: democrats are calling this a subversion of the legislative process. this did not go through committee or public debate. the head of the united auto workers vehemently opposing here. here protesting yesterday. the governor here, the republican governor saying this is a move for workplace fairness. >> to be pro-worker, to give freedom of choice to the workplace. and that the legislators move pro
join the union or pay dues to the union. money is at the core of power in these unions. that is very, very significant. protesters here are filling the halls of the capitol yesterday trying to rush through the doors. eight arrests made. mace sprayed by police. it got very rowdy here at the capitol. i want i want you to listen to one protester. >> it terrifies me that they're trying to pass this through so quickly with no discussion from the other side. no understanding of what's important...
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dues to the union. the law will be a huge blow to unions because it will severely cut their funding. the legislation could be signed into law this week. >>> at the stroke of midnight, dozens of same-sex couples started getting married. maine and maryland also passed laws legalizing same-sex marriage last month. >>> bail was set at $500,000 for dallas cowboys nose tackle josh brent, he's been charged with intoxication manslaughter. jerry brown was killed when the car flipped. brown was later pronounced dead. >>> boxer manny pacquiao lost a nontitle bout to juan marquez last night in las vegas, he was knocked down in his sixth round. >>> three women in stockton california were identified on their restaurant bill as fat girls. that manager apologized blaming it on a new employee. >>> and if you think using iphones on -- no evidence such gadgets interfere with airline communications. >>> a search is under way now for a popular mexican american singer jenni rivera, the mexican authorities think the plane tha
dues to the union. the law will be a huge blow to unions because it will severely cut their funding. the legislation could be signed into law this week. >>> at the stroke of midnight, dozens of same-sex couples started getting married. maine and maryland also passed laws legalizing same-sex marriage last month. >>> bail was set at $500,000 for dallas cowboys nose tackle josh brent, he's been charged with intoxication manslaughter. jerry brown was killed when the car flipped....
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we have seen union protesters here by the hundreds. in fact, they're inside the state capitol here in lansing, michigan, as we speak as this legislation is being taken up in both the house and senate chambers today. it is on a fast track and written when this day started. we had a news conference earlier this morn of michigan governor snyder, republican. republicans control the house and the senate here in michigan. they're calling this workplace fairness. equality in the workplace. it is for public and private sector, employees, but it does not include police and firefighters. they're excluded because they have their own special place in michigan law. public act 312 that requires binding arbitration when they have any kind of a labor dispute. and the governor here also says they want to follow indiana. indiana passed this earlier this year and they don't want to see businesses locate next door in indiana by steering away from michigan. brooke? >> jim, let me ask you about the pictures berp lo s we were look. we saw people inside the r
we have seen union protesters here by the hundreds. in fact, they're inside the state capitol here in lansing, michigan, as we speak as this legislation is being taken up in both the house and senate chambers today. it is on a fast track and written when this day started. we had a news conference earlier this morn of michigan governor snyder, republican. republicans control the house and the senate here in michigan. they're calling this workplace fairness. equality in the workplace. it is for...
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and employers to mandate employees join a union or pay any money to the union. i spoke to michigan's republican governor rick schneider. >> i don't view it as anti-union at all. >> they tell me it's anti-worker, saying it gives workers less of a voice. what do you say to that? >> that's backward. this is about being pro worker. again, giving workers the choice, the freedom to choose, that's fundamental. >> so his legislation is anti-worker. it's going to end up being a devastating blow to the middle class here. >> the three bills impact both public and private sector workers from teachers to auto workers. opponents fear they weaken unions and limit workers' right, benefits, and wages. >> if you pay me less money, if i have to work for minimum wage, i can't go spend that money. >> it's going to hurt the economy, it ooh going hurt the state, it's going hurt the citizens. this is absolutely not what's right for the workers. >> but supportering including governor s snyder says it improved. >> reporter: opponents will spend the week in michigan trying to convince the
and employers to mandate employees join a union or pay any money to the union. i spoke to michigan's republican governor rick schneider. >> i don't view it as anti-union at all. >> they tell me it's anti-worker, saying it gives workers less of a voice. what do you say to that? >> that's backward. this is about being pro worker. again, giving workers the choice, the freedom to choose, that's fundamental. >> so his legislation is anti-worker. it's going to end up being a...
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same-sex marriage is legal in nine states and the nation's capital and civil unions are allowed in five other states. >>> to politics now. the american people re-elected him and they re-elected us. that's not a mandate to raise taxes. that's what house speaker john boehner told fellow republicans during a weekly meeting, signaling he will push back on president obama's demand for tax hikes on the rich when it comes to the fiscal cliff. but treasury secretary timothy geithner says the white house will not give in. >> no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest americans. remember it's only 2%. >> geithner adds the obama administration is, quote, absolutely prepared to go off the cliff, if necessary. joining me now is van jones, cnn contributor and former obama administration official. good morning. >> god morning to you. >> so, van, i guess my first question that's eatsy for geithner to say, we're perfectly willing to go off the fiscal cliff. that means a tax hike on middle class americans and maybe some of them are thinking this
same-sex marriage is legal in nine states and the nation's capital and civil unions are allowed in five other states. >>> to politics now. the american people re-elected him and they re-elected us. that's not a mandate to raise taxes. that's what house speaker john boehner told fellow republicans during a weekly meeting, signaling he will push back on president obama's demand for tax hikes on the rich when it comes to the fiscal cliff. but treasury secretary timothy geithner says the...
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starts with ground beef, unions, and peppers baked in a ketchup glaze with savory gravy and mashed russet potatoes. what makes stouffer's meatloaf best of all? that moment you enjoy it at home. stouffer's. let's fix dinner. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. >>> welcome back to "starting point." i'm christine romans. minding your business this morning, markets in a holding pattern as fiscal cliff talks continue in washington. but the s&p 500 is up 12% so fa
starts with ground beef, unions, and peppers baked in a ketchup glaze with savory gravy and mashed russet potatoes. what makes stouffer's meatloaf best of all? that moment you enjoy it at home. stouffer's. let's fix dinner. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar...
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they don't have a right to form a union. they can be fired. there's plenty of work to do here. >> as a kennedy, i've met quite a few kennedys. you're all great people from this great family. what do you make of what's going on in washington, with this ludicrous kind of paralyzing, of any sensible debate? it's something that the kennedys, the clan, were good negotiators. they get stuff done. they wouldn't tolerate years of endless nonsense like this. >> it's very, very hard with the tea party. that's a group of people who came to washington to destroy it. they were very clear about that. and i think president obama is doing his very, very best. and the american people have spoken the last election, that we want change. so, you know, i think everybody misses teddy. and the great thing about teddy is, that he really was great friends with people on both sides of the aisle. and it's lot easier to negotiate with somebody that you like. >> i think the president should play more golf with john boehner. he never played one game with him, if that. let'
they don't have a right to form a union. they can be fired. there's plenty of work to do here. >> as a kennedy, i've met quite a few kennedys. you're all great people from this great family. what do you make of what's going on in washington, with this ludicrous kind of paralyzing, of any sensible debate? it's something that the kennedys, the clan, were good negotiators. they get stuff done. they wouldn't tolerate years of endless nonsense like this. >> it's very, very hard with the...
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looking forward to state of the union which starts in about ten minutes. >>> now, time to get ready for the week ahead, it's a busy week, monday, nobel prizes will be awarded, and on monday, it is fedex's busiest day. and tuesday, a big day for secretary of state hillary clinton, who travels to morocco. three days of talks with governments on how to end bloodshed in syria. more than 40,000 have died, including children, as owe now. and wednesday, the pope is tweeting, go on twitter to catch his first tweet from his personal account. the hope has managed to get nearly 600,000 followers in the last week. and on friday, person of the year, "time" is naming them. last year it was the protester that was picked. "time" is a sister company of cnn, and on saturday, egyptians vote. catch it live here on cnn. there you have it, a busy week ahead. it seems like whatever she does cases a stir, and now a tweet is causing a social media frenzy. take a look at your gas prices. the price fell a penny. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists i
looking forward to state of the union which starts in about ten minutes. >>> now, time to get ready for the week ahead, it's a busy week, monday, nobel prizes will be awarded, and on monday, it is fedex's busiest day. and tuesday, a big day for secretary of state hillary clinton, who travels to morocco. three days of talks with governments on how to end bloodshed in syria. more than 40,000 have died, including children, as owe now. and wednesday, the pope is tweeting, go on twitter to...
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we are gathered here today to celebrate the union of tim and laura. it's amazing how appreciative ople are when you tell them they could save a lot of money on their car insurance by switching to geico...they may even make you their best man. may i have the rings please? ah, helzberg diamonds. nice choice, mate. ...and now in the presence of these guests we join this loving couple. oh dear... geico. 15 minutes could save you 15% or more on car insurance. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the h
we are gathered here today to celebrate the union of tim and laura. it's amazing how appreciative ople are when you tell them they could save a lot of money on their car insurance by switching to geico...they may even make you their best man. may i have the rings please? ah, helzberg diamonds. nice choice, mate. ...and now in the presence of these guests we join this loving couple. oh dear... geico. 15 minutes could save you 15% or more on car insurance. time for citi price rewind. because your...
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calling for higher wages and the right to unionize. >> they were pretty passionate. let's take a listen to a couple of those workers who were on strike. >> many people are not able to afford apartments, some are on food stamps and it's, it's just not livable. >> better pay, better working condition and more, provide more clothing, a roof over my kids' head and put food on their table. >> well, the group organizing the protests say this is just the beginning. so, of course, we'll be watching that one. >> a lot of passion there. >>> well, they are key to fighting through the flu season and most of us aren't even getting a sixth of what we need. tips from a man who has never had a twinkie, our very own mark mcdonald, next. i love 'em even more. i earn 1% cash back everywhere, every time. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpkin pie. and apple. 3% back on 4 trips to the airport. it's as easy as... -[ man ] 1... -[ woman ] 2... [ woman ] 3. [ male announcer ] the bankamericard cash rewards
calling for higher wages and the right to unionize. >> they were pretty passionate. let's take a listen to a couple of those workers who were on strike. >> many people are not able to afford apartments, some are on food stamps and it's, it's just not livable. >> better pay, better working condition and more, provide more clothing, a roof over my kids' head and put food on their table. >> well, the group organizing the protests say this is just the beginning. so, of...
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employees join a union or pay any money to that union. that would likely play out, meaning less union members, less money for unions, that means less power. and that is at the core of all of this. the republican governor here, rick schneider, a big supporter of this right to work legislation, saying he will sign it if it makes it to his desk. many union workers vehemently oppose it. >> it is time to make a decision and the decision i believe best for michigan is don't the workers have a right to choose. >> this is not what is right for the worker. there are corporate special interests trying to pass right to work in many different states and michigan right now is up front right on the chopping block. >> reporter: why the opposition and why the massive protests here at the capital? it is because those labor members really believe that this would result in lower pay for them, fewer benefits, less bargaining power and what the data shows us is that typically union workers do make higher wages than non-union workers. when you look at median w
employees join a union or pay any money to that union. that would likely play out, meaning less union members, less money for unions, that means less power. and that is at the core of all of this. the republican governor here, rick schneider, a big supporter of this right to work legislation, saying he will sign it if it makes it to his desk. many union workers vehemently oppose it. >> it is time to make a decision and the decision i believe best for michigan is don't the workers have a...
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the union or pay any amount of money to that union. right now, if you work at ford, general motors, chrysler on the line, you've got to be part of the uaw, part of the united auto workers. this would not only affect public sector workers like teachers but those private sector workers like auto workers. three bills passed, two in the senate last night, one in the house. the governor, rick schneider, very supportive of this legislation. it's expected to be taken up here again at the state capitol on tuesday. i want you to take a listen to jeff breslin. then you'll hear from the governor. >> to be pro worker, give freedom of choice to our workplace and that legislators moved promptly and efficiently, moving it through the legislature and when it arrives on my desk, i plan on signing it. >> in the state of michigan we've had a fledgling economy for some time, way down at the bottom of the list in the country. we've just started to make a comeback. bypassing right to work, that's taken that comeback and cutting the legs out from underneath
the union or pay any amount of money to that union. right now, if you work at ford, general motors, chrysler on the line, you've got to be part of the uaw, part of the united auto workers. this would not only affect public sector workers like teachers but those private sector workers like auto workers. three bills passed, two in the senate last night, one in the house. the governor, rick schneider, very supportive of this legislation. it's expected to be taken up here again at the state capitol...
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. >> number four, europe, the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three, the housing market. finally finally bottomed out, the combination of low home prices and continued record low mortgage rates set off a building and buying spree. well healed investors began buying entire neighborhoods, but first time buyers were also able to get a home of their own for the first time in years. as long as they had a hefty downpayment. >> number two. >> cnn projects that barack obama will be re-elected president of the united states. >> the election. more than just about obama and romney. it was about socialism and capitalism. about spending and cutting. about what kind of role government should have in your life. >> number one is the fiscal cliff. lawmakers saw it coming, but didn't bother to pay any attention to it, until after the election. had they put politics aside and dealt with it earlier, who knows how strong the u.s. economy would be right now? >>> next, scandal. can you guess who made our list because of bad b
. >> number four, europe, the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three, the housing market. finally finally bottomed out, the combination of low home prices and continued record low mortgage rates set off a building and buying spree. well healed investors began buying entire neighborhoods, but first time buyers were also able to get a home of their own for the first time in years. as long as they had a hefty...
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. >> let's not got into an argument about who teachers unions are interested in. we're not urging that teachers be armed. but in some schools, school districts and teachers are armed today. and if the school district and the teachers want to do it that way, that's really up to them it seems to me. >> let's go back to mr. luns. he conducted a poll for mayors against illegal guns this past may. nra members sport what he called common sense safety measures to keep guns from criminals. i want to go through them. 87% of nra members agree 2nd amendment rights support goes hand in hand with keeping guns out of the criminal hands. >> that's it the nra's position. >> how do you keep them out of the hands of criminals? i say that because if you go back to sandy hook, this kid wasn't a criminal. he got hold of a legally-purchased gun and committed mass murder. >> he stole the gun. he could not have probably purchased that firearm himself. he try, i think, to buy a gun and couldn't. in a country the size of ours, there are some people who are evil. some people are lunatics. i
. >> let's not got into an argument about who teachers unions are interested in. we're not urging that teachers be armed. but in some schools, school districts and teachers are armed today. and if the school district and the teachers want to do it that way, that's really up to them it seems to me. >> let's go back to mr. luns. he conducted a poll for mayors against illegal guns this past may. nra members sport what he called common sense safety measures to keep guns from criminals....
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. >> while the league and the union battle over drug testing, a growing concern about how this issue affects younger athletes trying to gain an edge. from the best players in history to the number 1 club in the world. the potential of manchester united unlocked. nyse euronext. unlocking the world's potential. social security are just numbers thinkin a budget.d... well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that strengthen medicare and... social security for generations to come. we can do better than a last minute deal... that would hurt all of us. >>> amid the partisan wrangling over the fiscal cliff there is agreement on capitol hill over one issue, human growth hormone testing for nfl players. the nfl players union has fought implementation of testing for steroids since it was included as last year's collective bargaining agreement. major league baseball already tests
. >> while the league and the union battle over drug testing, a growing concern about how this issue affects younger athletes trying to gain an edge. from the best players in history to the number 1 club in the world. the potential of manchester united unlocked. nyse euronext. unlocking the world's potential. social security are just numbers thinkin a budget.d... well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these...
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whether or not they want to join a union and pay those union dues. and they say it also grows jobs. >> it actually makes unions more accountable and makes them more responsive to their members because now the unions can't take them for granted. remember, right to work doesn't affect collective bargaining in any other way except for take away the union's ability to fire a worker for not paying them. they can still bargain over hours, wages and working conditions. >> reporter: so the vote expected to happen tomorrow, starting at 10:00 a.m. the house and the senate will each vote on each other's measures. also, demonstrations expected to begin. the opening salvo happening 9:00 a.m., down this street right here. thousands are expected to march, starting here, all the way up to lansing city hall. that would be just the beginning of the day. wolf. >> alison on the scene for us, thank you. the president's taking a political risk by getting into michigan's union fight at the same time he's locked in a major battle in washington over raising ta spending cuts
whether or not they want to join a union and pay those union dues. and they say it also grows jobs. >> it actually makes unions more accountable and makes them more responsive to their members because now the unions can't take them for granted. remember, right to work doesn't affect collective bargaining in any other way except for take away the union's ability to fire a worker for not paying them. they can still bargain over hours, wages and working conditions. >> reporter: so the...
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at the film. [ female announcer ] a classic meatloaf recipe from stouffer's starts with ground beef, unions, and peppers baked in a ketchup glaze with savory gravy and mashed russet potatoes. what makes stouffer's meatloaf best of all? that moment you enjoy it at home. stouffer's. let's fix dinner. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars that moment you enjoy it at home. to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >>> we're getting our first look at ashton kutcher as steve jobs this morning. here is cnn's michelle turner. >> we can share the first image from the film which stars ashton kutcher behind the legendary man of apple. he has the beard and lodge hair parted to the side. kutcher is saying that there is definitely a resemblance. this h
at the film. [ female announcer ] a classic meatloaf recipe from stouffer's starts with ground beef, unions, and peppers baked in a ketchup glaze with savory gravy and mashed russet potatoes. what makes stouffer's meatloaf best of all? that moment you enjoy it at home. stouffer's. let's fix dinner. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars that moment you enjoy it at home. to help those affected and to cover cleanup costs. today, the beaches and gulf are...
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a union activists were surrounding the building with the lawmakers inside, and they were demanding an end to a bill there that would weaken the unions and limit the workers' rights, but the right to work measure that they were so nc
a union activists were surrounding the building with the lawmakers inside, and they were demanding an end to a bill there that would weaken the unions and limit the workers' rights, but the right to work measure that they were so nc
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starts with ground beef, unions, and peppers baked in a ketchup glaze with savory gravy and mashed russet potatoes. what makes stouffer's meatloaf best of all? that moment you enjoy it at home. stouffer's. let's fix dinner. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. pre-cognitive intelligence with googlenow complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >>> welcome back. let's introduce your team this morning, will kaine, contributor for the blaze.com. mccabe is back with buzzfeed.com. roughing it, though, the newark mayor cory booker, talking about this blogging about his week-long food stamp challenge, living on the groceries he can buy for roughly $30 a week. a photo he tweeted, 17 cans of beans, 7 yams, two bags of frozen vegetables, what he can eat because that's what he can afford under the food stamp program. interesting to follow limb on this. >> cory is a fascinating guy. i like him. one conversation developing out of this i don't thing is right, soledad. you're not supposed to be able to
starts with ground beef, unions, and peppers baked in a ketchup glaze with savory gravy and mashed russet potatoes. what makes stouffer's meatloaf best of all? that moment you enjoy it at home. stouffer's. let's fix dinner. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. pre-cognitive intelligence with googlenow complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >>> welcome back. let's introduce your...
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[ cheers and applause ] starts with ground beef, unions, and peppers baked in a ketchup glaze with savory gravy and mashed russet potatoes. what makes stouffer's meatloaf best of all? that moment you enjoy it at home. stouffer's. let's fix dinner. yep. the longer you stay with us, the more you save. and when you switch from another company to us, we even reward you for the time you spent there. genius. yeah, genius. you guys must have your own loyalty program, right? well, we have something. show her, tom. huh? you should see november! oh, yeah? giving you more. now that's progressive. call or click today. starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. >>> we've had plenty of nomination fights in washington. the media is getting tired of the gaza story. it could block her promotion has secretary of state if president obama -- the food fight over rice not so much. >> susan rice misled the american people. she didn't tell them the truth despite the evide
[ cheers and applause ] starts with ground beef, unions, and peppers baked in a ketchup glaze with savory gravy and mashed russet potatoes. what makes stouffer's meatloaf best of all? that moment you enjoy it at home. stouffer's. let's fix dinner. yep. the longer you stay with us, the more you save. and when you switch from another company to us, we even reward you for the time you spent there. genius. yeah, genius. you guys must have your own loyalty program, right? well, we have something....
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to the union. this brings into question, what is the future of unions in america? today i had a chance to talk to the person at the heart of that debate, bob king. here is his take. does this mean the beginning of sort of a death of unions in this country? are you concerned that this is that big symbolically? >> reporter: n. >> no. i think that workers and working families are tired of losing. they want a fair share of the prosperity and i think that's going to help build the union movement. >> reporter: also today, wolf, we talked to thousands and thousands of protesters, many of them union workers. even those exempt from this legislation came here to be heard, including firefighters and police officers. here's the take of ted, a firefighter in detroit. you're exempt from this right to work legislation. why are you here? >> that's correct. we are as of right now exempt of this legislation but it doesn't change the fact that we want to be here to support our brothers and sisters in the union becaus
to the union. this brings into question, what is the future of unions in america? today i had a chance to talk to the person at the heart of that debate, bob king. here is his take. does this mean the beginning of sort of a death of unions in this country? are you concerned that this is that big symbolically? >> reporter: n. >> no. i think that workers and working families are tired of losing. they want a fair share of the prosperity and i think that's going to help build the union...
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. >> the deal won't be final until union members actually vote on it. >>> and 11,000 jobs are vanishing at citigroup. that's about 4% of the company's workforce. all these job cuts are part of this plan to cut costs at the financial giant, which nearly collapsed during the 2008 financial crisis. they are expected to save $900 million next year. and more than $1 billion a year after that. this is the first huge move by michael corbett who became citigroup's ceo when vikram pandit resigned. >>> we're getting word actually now that reza sayah, our correspondent in cairo, he called in, we're hearing masked men have set fire to an office headquarters in the muslim brotherhood. stand by for that. that's next. americans are always ready to work hard for a better future. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relat
. >> the deal won't be final until union members actually vote on it. >>> and 11,000 jobs are vanishing at citigroup. that's about 4% of the company's workforce. all these job cuts are part of this plan to cut costs at the financial giant, which nearly collapsed during the 2008 financial crisis. they are expected to save $900 million next year. and more than $1 billion a year after that. this is the first huge move by michael corbett who became citigroup's ceo when vikram pandit...
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. >>> thank you so much for watching "state of the union." have a safe holiday season. i'm candy crowley in washington. head to cnn.com/sotu for extras. for all of us at state of the union, again, we want to wish you a merry christmas and happy holiday season. fareed zakaria "gps" is next for our viewers here in the united states. >>> this is "gps" the global public square. welcome to all of you in the united states and around the world. i'm fareed zakaria. on the show today, we'll move past the fiscal cliff and talk about the real challenges to the economy. i will talk to the chief economic adviser of the romney campaign and president obama's former budget czar peter orzack, among others. >>> also, let me tell you about the biggest success story in latin america. it's not brazil. much closer to home. then, as the world watches the arab world struggle with democracy, we'll take a look at the problem from an unusual perspective, upside down. how does a country turn away from democracy as eastern europe did 50 years ago? i talked to pulitzer prize winning historian anne h
. >>> thank you so much for watching "state of the union." have a safe holiday season. i'm candy crowley in washington. head to cnn.com/sotu for extras. for all of us at state of the union, again, we want to wish you a merry christmas and happy holiday season. fareed zakaria "gps" is next for our viewers here in the united states. >>> this is "gps" the global public square. welcome to all of you in the united states and around the world. i'm...
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as for the air traffic controllers union, they released a statement this afternoon saying that it would be a major blow to the airline industry as well as the economy if these cuts are in effect. now, overall, we're talking about a nearly $2.2 billion projected cut to the department of transportation. half of that would come from the faa, and the tsa would suffer a $643 million spending cut. so according to the head of the tsa, they do have a plan b. they have a plan in place ready to go if these cuts are in place. now, he says that the overall front line operations would not be effective, but this would be a major severe budget cut and a lot of travelers here we spoke to, brooke, say they are paying close attention to the negotiations. >> it does concern me because, yes, i do travel not extensively, but enough on my job. and personally. so, yes, it does have some concern, i don't want to have to drive everywhere i have to go. but, you know, hopefully again we won't see too much of it and increase or inconvenience. >> reporter: according to airline industry experts, the worst case scena
as for the air traffic controllers union, they released a statement this afternoon saying that it would be a major blow to the airline industry as well as the economy if these cuts are in effect. now, overall, we're talking about a nearly $2.2 billion projected cut to the department of transportation. half of that would come from the faa, and the tsa would suffer a $643 million spending cut. so according to the head of the tsa, they do have a plan b. they have a plan in place ready to go if...
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>> very dangerous, because sports is one of those things that unionitis us, so people who may be conservative liberal, republican democrat, they like to listen and watch bob costas talk about football and baseball and watch him during the olympics. by taking this kind of stand, he has alienated some of his fan base, but, you know, the question is -- i think he copped out a little bit by just quoting jason whitlock, a kansas city columnist who writes for fox sports, rather than giving his own view, but, clearly, sympathetic to gun control, and the question is what is sports journalism about? is it just about celebrating the games and the x's and the o's and which team got the upper hand and who played the zone defense, or is it also about important issues of life and death. in this case this thing had just happened. i think it was unavoidable. >> and full disclosure. i worked with bob costas for a number of years. i adore him, and he is a fine man and a fine broadcaster, and obviously, this is going to be something he is going to have to deal with in whatever way it shakes out. i want to switc
>> very dangerous, because sports is one of those things that unionitis us, so people who may be conservative liberal, republican democrat, they like to listen and watch bob costas talk about football and baseball and watch him during the olympics. by taking this kind of stand, he has alienated some of his fan base, but, you know, the question is -- i think he copped out a little bit by just quoting jason whitlock, a kansas city columnist who writes for fox sports, rather than giving his...
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the tentative agreement between shipping companies and the union that represents 800 clerical workers came hours after federal mediators from washington joined the negotiations. the clerical workers went out on strike last week and dock workers refused to cross their picket lines. the strike cost the u.s. an estimated $1 billion a day. >>> the philippines reeling this morning from typhoon bopha. the deadly storm packing 110 miles an hour winds, triggering deadly floods and landslides in the southern part of the country. dozens of buildings have been destroyed. at least 133 people have been killed. that number is expected to rise. the storm is now moving toward the beach resorts in the northern part of the philippines. >>> here in the united states, we're getting our own taste of bad weather. meteorologist karen maginnis joins us live from atlanta with the very latest. good morning to you, karen. >> good morning, zoraida. we saw the back-to-back-to-back storms, four of them that ushered in that moisture. first of all, it produced that layer of cold air that dropped the snowfall across
the tentative agreement between shipping companies and the union that represents 800 clerical workers came hours after federal mediators from washington joined the negotiations. the clerical workers went out on strike last week and dock workers refused to cross their picket lines. the strike cost the u.s. an estimated $1 billion a day. >>> the philippines reeling this morning from typhoon bopha. the deadly storm packing 110 miles an hour winds, triggering deadly floods and landslides...